Treasury Wine Estates (TWE) has posted net sales of A$1.68bn ($1.52bn) for the full year ended 30 June 2013, up 2.9% on reported currency basis or 2.8% on constant currency basis.
A New Zealand court on Thursday ordered Australian packaging firm Visy to pay a penalty of 3.6 million NZ dollars (2.82 million U.S. dollars) for fixing prices with a rival when dealing with major international customers.
Australian Vintage chief executive Neil McGuigan wants the UK government to introduce a new tax band to encourage the production of wines naturally lower in alcohol.
The number of young Australians drinking cider in an average four week period has almost doubled in the last two years, according to findings from market research organisation Roy Morgan Research.
Food and beverage manufacturer Lion has announced its trading update for the half year ended 31 March 2013 in conjunction with parent company Kirin Holdings’ first half announcement.
Well-known Australian frozen food manufacturer Patties Foods Limited (PFL) has announced a Net Profit AfterTax (NPAT) for the year ended 30 June 2013 of $4.8 million, a 75.4 per cent decline from the previous year.
After prolonged and sustained efforts by the Pakistani mango exporters, Australia has allowed import of Pakistani mangoes, which is likely to take off very soon.
Doodles Creek Pty Ltd has recalled Doodles Creek Caesar Dressing from independent grocery stores and delicatessens in ACT, NSW, QLD, VIC and WA due to non compliant labelling.
Schulz Organic Farms Pty Ltd has recalled Schulz Organic Full Cream Milk from small independent supermarkets and small health food shops in Victoria due to microbial (Listeria monocytogenes) contamination.
Australian retail turnover generally was relatively unchanged in June 2013, but turnover for food retail and foodservice sectors rose, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures.
Mexim Australia is recalling Shahjalal Vegetable Singhara from specialty Bangladeshi stores in Victoria as the product contains peanut which is not mentioned on the label.
Epoch Wine Group, an Australia-based liquor distributor, has expanded its portfolio of wine brands with the addition of New Zealand-based wine producer Rochfort Rees.
Australian Consolidated Milk and Pactum Australia are constructing a new UHT milk processing facility in northern Victoria with an investment of A$40m ($36.6m), a move which is expected to create 100 jobs.
Australia’s Domino’s Pizza Enterprises has signed an agreement with Bain Capital Partners to acquire 75% stake in Domino’s Pizza Japan (DPJ) for JPY12bn ($124.3m).
Australian dairy co-operative Devondale-Murray Goulburn (Devondale-MG) will make a $2.5 million investment in equipment at its Koroit plant in western Victoria as a result of a five-year agreement with global dairy company Danone.
The Australian Government’s gene technology regulator has called for comments on a limited and controlled release of up to 40 lines of wheat that have been genetically modified for increased yield stability.
